Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
€ 16000
per

Your estimated
City
free-cash

Batumi , Georgia
€11480
€9080
€12120
€10782
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
16 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
160
total
-
-
-
160
Employee
4 650
-
16 000
-
income
930
-
3 200
-
total
930
-
3 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

11 350
16 000
-
-
total
-
-
-
-
Dividends
11 350
16 000
-
-
withholding
568
800
-
-
total
568
800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
1 498
800
3 200
160
After tax
14 502
15 200
12 800
15 840
Living cost
3 720
3 720
3 720
3 720
Free-cash
10 782
11 480
9 080
12 120

Estimated living cost  is €3720 per year

€2305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€102
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
€9404
€7004
€10044
€8317
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
16 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
160
total
-
-
-
160
Employee
7 245
-
16 000
-
income
1 449
-
3 200
-
total
1 449
-
3 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

8 755
16 000
-
-
total
-
-
-
-
Dividends
8 755
16 000
-
-
withholding
438
800
-
-
total
438
800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
1 887
800
3 200
160
After tax
14 113
15 200
12 800
15 840
Living cost
5 796
5 796
5 796
5 796
Free-cash
8 317
9 404
7 004
10 044

Estimated living cost  is €5796 per year

€3922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€194
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

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Additional information

Source

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